Qantas has ‘huge flexibility’ with 787 options

    Qantas Group CEO Alan Joyce said the carrier has “huge flexibility” around its options for Boeing 787-9 aircraft, with the ability to exercise those options one by one as they come up over the next few years (Bloomberg, 05-Feb-2018). Qantas is in the process of taking delivery of eight 787-9s and these aircraft will be used to replace older 747s, leaving six younger 747s in operation. These will also eventually be replaced with 787s, although timing and where the aircraft go within the Qantas Group depends on the business case, allocation of capital and best return. According to the CAPA Fleet Database, the Qantas Group has 11 787-8s in service with Jetstar, three 787-9s in service with Qantas International and another five 787-9s still to be delivered. The Qantas Group also has options for another 15 787-9s.